There has been a lot of movement in the student loan marketplace over the last few months. Lenders that were not traditionally competitive have slashed rates. We have also seen acceptance rates go up with some lenders, but drop with others. Due to these developments, we have updated our student …

With well over a trillion dollars in student loan debt in the United States, it is no surprise that new lenders continue to pop up in the refinance marketplace. Finding the lender offering the lowest interest rates can be tricky. The vast majority of companies only advertise their lowest rate, …

Right now the student loan refinance company offering the lowest rates on the market is ELFI, short for Education Loan Finance. ELFI has been in the student loan refinance business for less than two years, but it is the product of SouthEast Bank, a regional bank headquartered in Tennessee. While …

We are currently tracking 13 different lenders providing student loan refinancing and consolidation services. As we become aware of additional lenders, they will be added to our list. For each company we have included the latest interest rate information, available loan terms, borrower bonus information and a brief review along with our …

Article updated 8/14/17 to include the latest interest rate information. Laurel Road student loan refinancing is a product of Darien Rowayton Bank and many of the pros and cons of Laurel Road come from the fact that it is the product of a longstanding bank rather than an internet startup. While …

For years Darien Rowayton Bank as been a leading lender in the world of student loan refinancing and consolidation. Today they unveiled a rebranding effort, advertising their student loan services under the name of “Laurel Road”. [Further Reading: Student Loan Sherpa Reviews Laurel Road] Why the Change? Darien Rowayton Bank …

(Editors Note: Article updated on 6/17/17 to include $200 customer bonus information) The Massachusetts Educational Finance Authority, better known as MEFA, was created by the Massachusetts legislature over 30 years ago with the goal of providing access to higher education in the State of Massachusetts. While people without ties to …

This week we got an unusual student loan email. This borrower had a few routine questions about consolidating his student loans, but his final question was a very interesting one: will Navient make consolidating my student loans difficult? Given that simple steps, like processing payments, can be a challenge with …

By now most borrowers have heard of lenders such as SoFi, Citizens, and LendKey… companies offering student loan refinancing and consolidation at interest rates well below 3%. Interest rates this low give borrowers concern that these companies fall into the too good to be true category. When a borrower is …

If you have made the decision to consolidate or refinance your student loans, it is critical that you look around to find the best interest rate. A couple hours of extra work could save you hundreds of dollars a month and thousands of dollars over the life of the loan. …

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Michael Lux is the founder of the Student Loan Sherpa. He is an Indiana attorney who knows first hand how frustrating it is to deal with student loan servicers and massive bills. He created the site to help other student loan borrowers navigate the complicated world of student loans.

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